Former World Health Organization advisory board member Jamie Metzl analyzes the potential origin of COVID-19, arguing America “must” investigate the issue.
Monthly Archives For July 2022
Senate passes China, semiconductor bill with House set to quickly take up measure
The Senate Wednesday passed a bill aimed at boosting U.S. competition against China, and the House will likely take it up in short order before recess.
Covid in China: Million in lockdown in Wuhan after four cases
Jiangxia district residents have been ordered to stay inside their homes or compounds for three days after four asymptomatic Covid cases were detected. China follows a “zero Covid” strategy, including …
China’s emerging Belt and Road debt crisis
China’s leader Xi Jinping proclaimed that the Belt and Road Initiative (BRI) was the “project of the century”. Now the huge programme to build often worthwhile infrastructure in developing countries …
Senate passes bill to boost U.S. chip production and China competition, sending to House
The CHIPS-plus bill includes more than $52 billion in funding for U.S. companies producing computer chips, among other provisions.
Pentagon official warns China’s ‘aggressive’ behavior in the South China Sea could lead to a ‘major incident or accident’
A top Pentagon official said the number of “unsafe” Chinese fighter jet intercepts has “increased dramatically” in recent years.
USAID chief calls on China to restructure Sri Lanka’s debt
The head of the U.S. government aid agency has called on China to help Sri Lanka and other nations that had borrowed heavily from Beijing with debt restructuring, not just with lines of credit and…
Pacific Defense Chiefs Meet Against Backdrop of Rising China
Military leaders from 26 nations are participating in the conference, and most of those are chiefs of defense.
Greater China Dominates Global Microchip Exports [Infographic]
As fears of a confrontation with China are heightening, negotiations that lasted more than a year are finally coming to fruition for the Chips+ bill that is looking to increase the competitiveness of …
Sales growth at Kering’s Gucci slows in Q2 as China weighs
Sales at French luxury group Kering’s top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed on revenues in the key Chinese…
Skechers CFO Has ‘Tempered Expectations’ for China Recovery
Despite lagging in China due to Covid lockdowns, Skechers boosted global sales 12.4 percent to $1.87 billion on net income of $90.4 million.
Kering Net Profit Up 34% in H1 Despite China Lockdowns
French luxury group Kering said net profit rose 34 percent in the first half versus the same period last year, as strong sales with local customers in the rest of the world more than offset…
Adidas sees a slowdown in revenues in China as domestic sport brands rise
German sportswear brand Adidas on Tuesday cut its outlook for the financial year 2022 to grow “at a mid-to-high single-digit rate in 2022,” compared with previous growth estimate of 11-13 percent, …
